SAP Concur published a blog post guiding finance teams on handling personal purchases made with corporate cards. It emphasizes clear policies, simple reporting, employee training, and pattern monitoring, and recommends using technology to strengthen controls.
Jesse Cox, AP and T&E Manager at Solis Mammography, shares five tips for optimizing Concur Invoice: auditing workflows, using vendor setup to reduce manual work, treating compliance configuration as a living document, using reporting to spot AP patterns, and keeping invoice policies aligned with business. Continuous refinement leads to efficiency gains and compliance.
SAP Concur published an article outlining the importance of strong expense reimbursement policies and six best practices. These include defining qualifying reimbursements, requiring receipts, reducing paperwork, setting submission deadlines, creating an approval workflow, and including quality and compliance audits. The article notes that clear policies protect both employees and the company, reduce the risk of noncompliant spend, and improve reimbursement efficiency.
SAP Concur published an article outlining the importance and best practices of effectively tracking business expenses. The article notes that accurate expense tracking delivers multiple benefits: stronger financial records for audits, better financing capability, improved financial transparency, more accurate financial planning, tax benefits, and fraud identification. Best practices include opening a business bank account, selecting the right accounting system, managing receipts, connecting financial institutions, and establishing performance measures. The article also lists common types of expense fraud (fake expenses, double billing, filing personal expenses, refund reimbursement, inflate…
SAP Concur published a blog outlining resources and collaboration opportunities in its public sector community for professionals in regulated industries. The community offers dedicated industry groups for federal, state, and local government, higher education, government contracting, and healthcare, helping members discuss challenges, share best practices, and refine their organizations' travel, expense, and invoice policies.
SAP Concur blog summarizes an Aberdeen webinar where analyst Bryan Ball said mobile is back and return to travel will be robust. The article notes mobile expense management improves spend visibility, reporting speed, and accuracy. Among best-in-class companies (top 20%), 53% photograph and digitally attach receipts, 52% enter expenses on mobile, 44% submit reports on mobile, 39% use mobile categorization, and 27% approve on mobile. The article also lists KPIs for best-in-class companies.
SAP Concur published a summary of an Aberdeen webinar on how companies manage travel and expense (T&E) programs during uncertain times. Research shows best-in-class companies (top 20%) focus not only on cost reduction (31%) but also on spend control (27%), visibility improvement (28%), and eliminating manual processes (31%). 71% of organizations use pre-travel authorization, and 56% have an aggregated view of travel and expense. Companies experience a 48% ROI after implementing a new T&E solution.
SAP Concur outlines how its customer community helps travel, expense and invoice (TE&I) professionals connect with peers. The community counts roughly 45,000 users, with more than 20,000 active in open forums. Members can ask questions, join industry groups, attend virtual roundtables and in-person user groups, and take part in SAP Concur Fusion and Fusion Exchange events. SAP Concur also uses industry Leadership Councils to track trends and shape content and event agendas.
A SAP Concur blog post offers four tips for optimizing expense processes: 1. Audit existing processes to identify bottlenecks and fraud opportunities; 2. Evaluate for change, leveraging mobile apps and automation tools to improve compliance and efficiency; 3. Focus on saving time to save money, streamlining processes reduces rework and delays; 4. Take the expense process to the next level by following best practices. The article emphasizes that a clear process reduces employee confusion, non-compliant expenses, and delayed reimbursements, while also decreasing fraud risk.
SAP Concur recommends three steps to optimize expense processes: review and audit current practices, outline expectations, and plug leaks. Emphasizes clear policies, employee feedback, and mobile tools to save time and money while improving employee experience.